Manager, Financial Reporting and Analysis

Mount Royal University; Calgary; On-site; CAD 115,000 - 159,000; Full time

Benefits offered by this job

Health and dental benefits

Pension plan

Paid vacation

Winter holiday closure

Personal days

Recreation centre membership

Job summary

Mount Royal University in Calgary seeks a Manager, Financial Reporting and Analysis to lead internal and external financial reporting, forecasting and analysis. The role reports to the Director, Finance and provides oversight to staff, supporting executive decisions and Board materials.

Responsibilities include coordinating the annual audit, institutional financial statements, capital planning, and quarterly forecasting, while driving continuous improvement of processes and internal controls

Qualifications

• Bachelor’s degree in accounting or finance; CPA designation preferred.
• 6–10 years of progressive experience in higher education or public sector.
• Strong knowledge of Public Sector Accounting Standards.
• Proven ability to manage systems implementation and change.

Responsibilities

• Lead, plan and manage financial reporting, forecasting and analysis functions.
• Develop and strengthen internal controls and drive process improvement.
• Coordinate annual audit and external reporting with audit teams and government bodies.
• Provide leadership and guidance to staff working on financial reporting tasks.

Skills

Financial reporting

Internal controls

Forecasting

Leadership

Variance analysis

Strategic planning

Education

Bachelor's degree

CPA designation

Job description

About the Role

The Manager, Financial Reporting and Analysis reports to the Director, Finance and has a dual accountability to the Director, Budgets and Resource Planning. This role leads, plans and manages all internal and external financial reporting, forecasting and analysis functions. The Manager, Financial Reporting and Analysis will develop strong internal controls and drive continuous improvement to ensure efficient financial processes.

The role oversees and manages responsibilities related to:

• Financial reporting: ensuring accuracy of financial reports, including the annual financial statements
• Internal controls
• Implementation of accounting standards
• The annual audit
• Institutional financial statements
• Capital planning and reporting
• Quarterly forecasting and variance analysis
• Internal reporting to support Executive and Board decision making
• Provide leadership and guidance to staff working on above noted tasks.

As a management role the work, as outlined below, and decision making is largely independent with general guidelines provided and review performed by the Director, Finance or the Director, Budgets and Resource Planning. This work is also typically reviewed by the AVP Finance before subsequent inclusion in the Executive Leadership Team or Board of Governors materials, or submission to the Provincial Government. Key deliverables include, but not limited to:

• Annual audit
• Annual institutional financial statements
• Other annual external reports
• Annual capital planning and prioritization
• Quarterly internal reporting
• Monthly financial close
• Continuous assessment and improvement of processes and internal controls

Responsibilities

Strategic Planning & Operational Efficiency

• Develop, implement and manage multi year strategic priorities for capital planning and related reporting functions to support alignment with the Institutional strategic plan; provide leadership and vision for strategic capital initiatives.
• Management of financial reporting and forecasting systems, providing oversight to the integrity and security of the system and the provision of guidance to all divisions and business units through the development of their area forecasts and financial analysis.
• Lead and manage ongoing improvements to procedures and enhancements to computerized systems, business processes, internal controls, and policies to promote efficiency, adequate safeguarding of resources, ensure compliance, and maximize effectiveness of forecasts and variance analysis at the Institutional and departmental level.
• Collaborate and engage with other post-secondary institutions to learn about best practices and sector-wide trends.
• Support the AVP Finance, Director, Finance, and Director, Budgets and Resource Planning in strategic plan implementation, financial information requests, decision making and forecasts and financial analysis.

Forecasting & Financial Analysis

• Manage the provision of quarterly forecasting, variance analysis and strategic financial analysis across all areas of the University.
• Provide guidance, direction and leadership to Finance Business Officers, Faculty Finance officers, and others involved in forecasting, variance analysis and internal reporting.
• Lead the Finance Business Partners and Faculty Finance Officers through the analysis, translation, and delivery of complex financial data into clear, accessible insights for academic and administrative leaders.
• Manage production of all statistical and financial information related toforecasting and variance analysis which supports faculty, division and institutional level decision making.

Financial Reporting & Analysis

• Manage the delivery of all required month-end, quarter-end, and year-end reports in an accurate and timely manner, and in accordance with departmental and University deadlines.
• Lead the continuous improvement and standardization of internal quarterly reporting at a faculty, division and institutional level, supporting decision making through consistent presentation of information across all levels.
• Review annual financial statements and prepare working papers to support the annual financial statements audit. Coordinate the interim and annual audit with the Office of the Auditor General.
• Manage and ensure department quality standards on all reconciliations and financial reporting schedules.
• Ensure accurate, timely, and comprehensive auditable accounting records for the University’s general ledger.
• Develops financial information reports to provide current, important and relevant information for senior management in order to assist them in assessing resources and to help make sound business decisions.
• Research and resolve accounting issues including evaluation and implementation of new accounting standards.

Capital and Reserve Management

• Coordinate capital planning and prioritization processes including reporting spend and quarterly projections.
• Manage, review, and ensure accuracy ofthe capital continuity schedule.
• Manage ongoing monitoring and reporting of internal reserve allocations and commitments.
• Oversight of capital grants and related entries including earned and deferred capital contributions.

Staff Management

• Manage all human resource activities; recruitment and hiring of staff; coordination of new staff orientation; communication of priorities and direction for meeting objectives; conduct employee appraisals, discipline, and all other related human resource requirements.
• Determines resources required to fulfil operational requirements, develops staffing plan, and recommends staffing levels to accomplish objectives, including revisions to staffing levels as necessary as financial reporting requirements change.

Qualifications

• University Bachelor's degree.
• Accounting designation is required, CPA designation or equivalent.
• 6 to 10 years ofprogressiveexperience in multiple and varied complex scenarios in a higher education environment, in addition to progressive experience in managing a team.
• Extensive experience in managing technology related controls in conjunction with financial accounting and internal controls requires a thorough understanding of the various accounting cycles.
• Proven ability to manage theimplementation of new systems, processes, and technologies, including the ability to collaborate and lead employees through consideration of potential impacts, apply change management skills, as well as evaluate criteria and constraints that are inherent in a large, publicly funded organization.
• Complex accounting expertise for resource planning and financial reporting in the post-secondary industry.
• Strong understanding, knowledge, and experience with Public Sector Accounting Standards.
• Strong management, leadership, interpersonal communication, proven ability to effectively handle conflict management and negotiation.
• Attention to detail, analytical, organizational, problem resolution skills.
• Strong ability to prioritize amongst equally important requirements.
• Ability to interpret and enforce University policies.
• Ability to provide sound judgement and logic to decision making.

What We Offer

Talented and committed employees are the driving force behind student success. We strive to be an employer of choice among Canadian post-secondary institutions.

At Mount Royal University, we recognize that people are a combination of many intersecting identities; we work to cultivate an environment that welcomes the whole person, and harnesses the strength that is available in our diversity, creating a rich and inclusive workplace.

Investing in the learning and development of our employees benefits the individual and the University. A variety of services, resources and programs encourage a healthy, productive workplace. Mount Royal University offers a competitive total compensation package including health and dental benefits, pension, health and personal spending accounts, paid vacation, winter holiday closure, personal days and a free membership in our fully equipped recreation centre.

Our campus offers the convenience of a full medical clinic, dentist and pharmacy, as well as a variety of wellness services such as physiotherapists and massage therapists. Campus Recreation offers many activities, including personal training, climbing, aquatics, sports and certifications for students, employees and the public.

Salary: $114,988 - $158,680

Closing Date: Until a suitable candidate is found.